The forecast for U.S. sorghum production from 2024 to 2028 shows a steady decline, with values projected to decrease from 8.44 million metric tons in 2024 to 7.72 million metric tons in 2028. Compared to the 2023 production level of 8.62 million metric tons, this indicates a consistent downward trend in annual production. The year-on-year decline averages around 2%, while the CAGR over these five years confirms a persistent annual decrease.
Future trends to watch for include:
- Fluctuations in climate patterns affecting crop yield.
- Alterations in domestic policies impacting agricultural production.
- Shifts in global demand for sorghum as food and biofuel.
- Technological advancements in crop management and yield optimization.
